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Lynn 01904
23 Chester Pl
$320,000
● House - Off Market

23 Chester Pl

Lynn, MA 01904
bedrooms
4 Beds
bathrooms
1 Bath, 1 Half Bath
square feet
1,198 Ft²
$429,146
RealtyHop Estimate
48.03%
Since Sep 1, 2018
MA-Boston
Primary Model

About This Property

OPEN HOUSE CANCELED!! Move in ready single family in Lynn set at the end of a dead end street. This property features 4 bedrooms and 1 and a half bathrooms as well as 3-4 car parking, a front porch, a nice back deck, a good sized fenced in backyard, vinyl siding, and a car port garage for one car. Conveniently located  off of Franklin St.  Close to grocery stores, restaurants and public transportation. This home will not last, all of this and a list price of under $300,000 is a MUST SEE!
Unit Size
1,198 Ft²
Days on Market
-
Land Size
0.07 acres
Price per sqft
$242
Property Type
House
Property Taxes
$258
HOA Dues
-
Year Built
1910

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Cap Rate Calculator

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Cap Rate 100% Occupancy
N/A (extreme outlier)

What does this mean?

Based on our analysis, the cap rate of this property is 1.25%. A negative cap rate indicates that the property might not be feasible as an income-producing asset. The median cap rate for a near zip code 11238 is 4.23%.

How much can I actually make?

Actual monthly rental income may vary between $4,760 and $7,140 depending on unit-specific characteristics. You can change the amount using the slider to further explore.

How is cap rate calculated?

Cap Rate = Net Operating Income (NOI) / Property Asset Value.

When calculating the cap rate, we assume 100% occupancy. Leverage (mortgage) is not considered.

Cap Rate provided by RealtyHop and RentHop, learn more about cap rate here.

Last updated: 5 months ago (MLSPIN #72348248)

Price History

Date / Event Date Event Price
Aug 20, 2018 Sold
Premium
Sold
Jun 4, 2018 Listed by COM-PRO Real Estate Services, Inc $289,900
Listed by COM-PRO Real Estate Services, Inc
Feb 27, 2004 Sold
Premium
Sold
Jan 9, 2004 Listed by COM-PRO Real Estate Services, Inc $199,000
Listed by COM-PRO Real Estate Services, Inc

Property Highlights

Parking Available
Air Conditioning

Building Info

Overview

    General

  • Year Built: 1910
  • Effective Year Built: 1965
  • Building Count: 1
  • Total Rooms: 6
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 1
  • Partial Bathrooms: 2
  • Building Condition: 6
  • Building Quality: 0
  • Construction Type: 6
  • Building Style: 16
  • Exterior Walls Type: 19
  • Interior Walls Type: 0
  • Roof Shape Type: 1
  • Roof Cover Type: 15
  • Floor Count: 200
  • Living Units: 1
  • Floor Cover: 0
  • Basement Type: 7
  • Basement Area: 715
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 3,144
  • Total Building Area: 1,198
  • Gross Building Area: 2,324
  • Building Area: 1,198
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 10
  • Heated Square Feet: 1,198
  • Heating Fuel Type: 6

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: NORWOOD AVE
  • Land Acres: 0000000072
  • Standard Land Use Code: 1001
  • County Land Use Code: 101

Neighborhood

  • School District Name: Lynn School District
  • School Tax School District: LYNN SD
  • Census Tract: 206000

Zoning

  • Zoning: R4

Geography

  • Parcel: LYNN M:054 B:259 L:071
  • Block: 259
  • Lot: 71
  • Municipality: LYNN
  • Latitude: 42.4687
  • Longitude: -70.9597

    Address

  • Full Address: 23 Chester Pl
  • Address - House Number: 23
  • Address - Street Name: Chester
  • Address - Suffix Type: Pl
  • State: MA
  • City Name: Lynn
  • Carrier Code: C029
  • 4-Digit Zip Code: 3201
  • Zip Code: 01904

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $442,500
  • Initial Tax Delinquent Year: 2021

    Appraisal Valuation

  • Standard Deviation: 0.1824
  • Valuation Date: Apr 03, 2024
  • Confidence Score: 76
  • Final Value: 470,768
  • High Value: 556,658
  • Low Value: 384,878

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $420,200
  • Assessed Land Value: $165,300
  • Assessed Improvements Value: $254,900

    Sales

  • Current Sale Recording Date: Aug 20, 2018
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 180820002130
  • Previous Sale Recording Date: Feb 27, 2004
  • Previous Sale Amount: $190,000
  • Previous Sale Document Type: 27
Data used for valuation calculations is provided by RealtyHop, and other third party sources
Request mortgage information redaction

Comparables

Unit
Status
Type
Beds
Baths
ft²
Price/ft²
Asking Price
Listed On
Closing Price
Sold On
HOA + Taxes

About Lynn

Stats & Trends

Median Asking:

$594,986

Sale Price/ft²

$373

Below Asking

0.01%

Average Days on Market

60

Average Home Size

2447 ft²

Average Home Age

97.8 years

Currently For Sale

162 Listings
Based on RH Advisors, Inc. calculations of home data from MLS and/or public records.

Similar Homes for Sale

Currently no similar homes around

Nearby Rentals

Rentals Near You

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Last Updated: 5 months ago
Data Source: MLS PIN, MLS# 72348248

Frequently Asked Questions

When was property at 23 Chester Place built and last sold?
The property at 23 Chester Place was built in 1910 and last sold on Jan 1, 1970 for $320,000.
How much is this home worth?
The estimated value of the home located at 23 Chester Place is $297,783.
What are some comparable homes to 23 Chester Place?
There are currently no comparable homes to 23 Chester Place.
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